Exxaro still keen on copper after Botswana setback

South African coal miner Exxaro Resources is considering potential deals to acquire copper and manganese assets as part of its diversification strategy, chief executive Nombasa Tsengwa said on Thursday.

De Beers to spend $1 billion on Botswana mine expansion

Mining News Pro - De Beers, the world’s largest diamond producer by value, said on Wednesday it’s going ahead with a planned $1 billion investment to extend the life of its flagship Jwaneng mine in Botswana by moving operations underground.

De Beers agrees to give Botswana more rough diamonds in new sales pact

Mining News Pro - Botswana and De Beers Group have agreed to a new diamond sales deal in which the African country, the world’s No. 1 diamond producer by value, gradually increases the share of rough stones it gets from their joint venture Debswana over the next decade to 50%, the government and the mining company said on Saturday.

Botswana says it is still keen on De Beers partnership, confident of new deal

Mining News Pro - Botswana wants to maintain its partnership with De Beers and is confident that ongoing negotiations for a new diamond sales agreement will succeed, a government spokesperson said on Tuesday.

Botswana president insists on bigger share of diamonds from De Beers venture

Mining News Pro - Botswana will not back down on demands for a bigger share of rough diamonds from its joint venture with De Beers, President Mokgweetsi Masisi said on Thursday, upping the stakes as talks for a new sales deal appear to be stalling.

Botswana mining growth seen flat amid dim diamond outlook

Mining News Pro - Botswana expects output from its mining sector to be flat this year, as the diamond industry loses its sparkle due to a contraction in consumer spending and weaker demand for diamond jewellery, a finance ministry official said on Wednesday.

Sandfire moves forward with Botswana copper mine expansion

Mining News Pro - Sandfire Resources said on Tuesday it will spend additional $71.9 million to expand production at its under-construction Motheo copper mine in Botswana, as the Australian firm plans to set up a major mining hub in the Kalahari Copper Belt.

Botswana president sees progress on diamond pact with De Beers

Mining News Pro - Botswana and De Beers Plc are working out the “finer” details of a new diamond-sales pact and the southern African nation’s government is confident a deal will be struck, President Mokgweetsi Masisi said.

Botswana president sees progress on diamond pact with De Beers

Mining News Pro - Botswana and De Beers Plc are working out the “finer” details of a new diamond-sales pact and the southern African nation’s government is confident a deal will be struck, President Mokgweetsi Masisi said.

Pangolin Diamonds to buy Amulet’s assets in Botswana

Mining News Pro - Canada’s Pangolin Diamonds (TSX-V: PAN) has unveiled an agreement with Amulet Diamond Corp to buy all issued and outstanding shares of the company’s subsidiary in Botswana for a nominal figure.

GNRI considers sale of $1.5 billion Botswana copper mine

Mining News Pro - Private equity firm GNRI is considering options for its Khoemacau copper mine in Botswana including a possible sale, people familiar with the matter said.

Botswana’s Debswana diamond sales jump 73% in first nine months of 2021

Mining News Pro - Sales of rough diamonds by Debswana Diamond Company jumped 73% in the first nine months of 2021, statistics released by the Bank of Botswana showed on Tuesday, driven by the reopening of U.S. and China’s consumer markets.

Botswana delivers first iron ore exports to China

Mining News Pro - Botswana’s first iron ore mine, Ikongwe, has started production and delivered its maiden exports to China, a company official told Reuters on Tuesday, as the Southern African country makes headway in efforts to diversify its economy away from diamonds.

Botswana sells troubled state-owned mine to Canada’s Premium Nickel Resources

Mining News Pro - Canada’s Premium Nickel Resources (PNR) will buy Botswana’s defunct, state-owned BCL copper mine with a view to restarting operations within three years, Minister of Minerals, Green Technology and Energy Resources Lefoko Moagi said late on Tuesday.

Botswana Diamonds acquires control of Thorny River

Mining News Pro - Botswana Diamonds has exercised its pre-emptive right to acquire the outstanding third-party interests in Vutomi Mining and Razorbill Properties 12, giving it control of the Thorny River project in South Africa.

Botswana sells troubled State-owned mine to Canada's Premium Nickel Resources

Mining News Pro - Canada's Premium Nickel Resources (PNR) will buy Botswana's defunct, State-owned BCL copper mine with a view to restarting operations within three years, Minister of Minerals, Green Technology and Energy Resources Lefoko Moagi said late on Tuesday.

Botswana copper miner Khoemacau giving attention to ESG silver lining

Mining News Pro - Khoemacau Copper Mining of Botswana, which is ramping up to nameplate throughput of 3.65-million tonnes a year, is also giving attention to environmental, social and governance (ESG) matters that include considerable renewable energy generation and promising community development initiatives.

Diamond sales at De Beers' Botswana unit rebound as global market recovers

Mining News Pro - De Beers' Botswana unit saw sales of rough diamonds rebound by 41% in the first half of 2021, driven by the reopening of key markets the United States and China, data from the Bank of Botswana showed on Thursday.

Lucara uncovers Botswana’s largest fancy pink diamond yet

Mining News Pro - Canada-headquartered Lucara Diamonds has recovered Botswana’s largest fancy pink gem yet, as well as one of the world’s largest pink diamonds on record, weighing 62.7 ct.

Britain's Firestone to sell Botswana diamond mine for $50 000

Mining News Pro - Britain's Firestone Diamonds has agreed to sell its Botswana mine to a local company for just $50 000, after previous attempts to offload the mine it valued at $10-million in 2014 fell through.

Lucara secures $220m for Botswana diamond mine expansion

Mining News Pro - Canadian miner Lucara Diamond Corp has secured credit-approved commitments for senior debt facilities of up to $220-million to fund the underground expansion of its Karowe mine that will allow the operation to continue until at least 2040.

Cobre raises cash for Botswana exploration

Mining News Pro - Junior copper and base metals explorer Cobre has raised A$6.7-million to fund exploration costs at its joint venture (JV) with Metal Tiger, in Botswana.

Botswana Diamonds progresses development of Botswana

Mining News Pro - Botswana Diamonds (BOD) says it had an eventful six months ended December 31, 2020, making significant progress on its diamond development projects in Botswana and South Africa.

Botswana finds 11 diamonds at Thorny River project

Mining News Pro - Botswana Diamonds said on Monday it had recovered 11 diamonds and “abundant” kimberlitic indicators from drill samples at its Thorny River project in South Africa’s Limpopo province.

Botswana names Canadian firm as preferred bidder for copper mine

Mining News Pro - Botswana picked Premium Nickel Resources Corp. as the preferred bidder for its shuttered copper mining group BCL Ltd., according to Mmetla Masire, the permanent secretary for the Ministry of Mineral Resources, Green Technology and Energy Security.

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